Key Takeaways Kinross Gold sold 36.9M Asante Gold shares for gross proceeds of C$73.1M.KGC remains a supportive investor in Asante through convertible instruments.Kinross' shares have surged 153.7% in a year, outperforming its industry.Kinross Gold Corporation (KGC) announced the sale of 36,927,650 common shares in Asante Gold Corporation at C$1.98 per share, representing roughly 5.2% of the outstanding shares.The transaction, through a private placement, generated gross proceeds of approximately C$73.1 mil ...

Key Takeaways Newmont's expansion through Newcrest, divestitures and strong free cash flow support shareholder returns.Kinross is advancing growth projects while reducing debt and boosting liquidity.Both NEM and KGC outpaced the industry with rising estimates, fueled by record-high gold prices.Newmont Corporation (NEM) and Kinross Gold Corporation (KGC) are two prominent players in the gold mining space with global operations and diversified portfolios. Gold prices are skyrocketing, driven by the Federal Re ...

Canada-based senior gold mining company Kinross Gold Corporation has sold a total of 36,927,650 common shares of Asante Gold Corporation. This sale represents approximately 5.2% of Asante's outstanding shares and accounts for 100% of the common shares previously held by Kinross. The shares were sold on a private placement basis and fetched C$73.11m. Each share was priced at C$1.98, excluding commission. Before the sale, Kinross owned around 5.2% of the outstanding shares and up to 13.2% on a partially d ...

In my previous coverage of Kinross Gold Corporation (NYSE: KGC ), I pointed out how the company remains healthy and undervalued at previous prices, with the stock now up ~53% since covering it back in July.As of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could ...

In my previous coverage of Kinross Gold Corporation (NYSE: KGC ), I pointed out how the company remains healthy and undervalued at previous prices, with the stock now up ~53% since covering it back in July.As of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could ...

Kinross Gold (TSX: K, NYSE: KGC) said on Tuesday it has sold its entire shareholding in Asante Gold (TSXV: ASE) at a discount, without providing reasons for the divestment.According to an early warning report, Kinross sold approximately 36.93 million of Asante’s shares, representing 5.2% of those outstanding, at a price of C$1.80 per share. Asante opened the session at C$2.20 and later rose to a 52-week high of C$2.29, giving Asante a market capitalization of roughly C$1.6 billion ($1.16bn).Kinross had alre ...

(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross”) (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 36,927,650 common shares (“Shares”) of Asante Gold Corporation (“Asante”) representing approximately 5.2% of the outstanding Shares and 100% of the Shares held by Kinross. The Shares were sold at a price per Share of C$1.98 (not including commission), representing an aggregate sale ...

(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross”) (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 36,927,650 common shares (“Shares”) of Asante Gold Corporation (“Asante”) representing approximately 5.2% of the outstanding Shares and 100% of the Shares held by Kinross. The Shares were sold at a price per Share of C$1.98 (not including commission), representing an aggregate sale ...

Market Analysis by covering: Gold Spot US Dollar, Chevron Corp, Exxon Mobil Corp, Kinross Gold Corp. Read 's Market Analysis on Investing.com ...

Key Takeaways KGC advances Great Bear and Round Mountain Phase X projects with drilling confirming strong grades.Studies for Lobo-Marte progress, supporting a long-life, low-cost production outlook.KGC shares surged 151.1% YTD, outpacing the industry's 112.5% rally.Kinross Gold Corporation (KGC) has a strong production profile and boasts a promising pipeline of exploration and development projects. These are expected to boost production and cash flow and deliver significant value. Its key development projec ...